Utah files 14 criminal charges against Kalshi and co-founders over illegal gambling
Utah alleges Kalshi and two co-founders promoted illegal gambling through undercover bets, escalating the fight over who can regulate prediction markets.
sigma.world · +15 outlets
CFTC sues Utah to shield Kalshi from state gambling ban as feds intervene
Federal regulators argue Utah's total ban is preempted by CFTC jurisdiction over event contracts, opening a federalism clash over prediction markets.
Cryptopolitan · +14 outlets
Kalshi and Polymarket sue Missouri and Louisiana in state-by-state legal fight
Kalshi and Polymarket are going on offense in court against state sports-betting and gambling laws even as several states move against them.
ReadWrite · +14 outlets
NBA names Kalshi and Polymarket as preferred prediction market partners
The league's deals with both platforms bring regulated prediction markets into NBA programming amid insider-trading concerns.
Insider Sport · +14 outlets
Kalshi CEO Tarek Mansour pitches guardrails as legal pressure builds
Mansour defends prediction markets as distinct from gambling and unveils new customer protections amid mounting lawsuits and Democratic scrutiny.
Crypto Briefing · +6 outlets
Kalshi caps monthly deposits for under-21 users at $2,500
The deposit limit is Kalshi's response to studies on losses among young traders and to criticism that prediction markets target minors.
Sports Business Journal · +14 outlets
Plus500 launches Kalshi perpetual futures in the US
Plus500 becomes the first futures commission merchant to offer Kalshi perpetuals to clients, widening access to never-expiring event contracts.
AskTraders.com · +9 outlets
Phantom rolls out Kalshi prediction markets to US users
The crypto wallet's integration expands Kalshi's distribution to a mainstream US audience, including 15-minute Bitcoin markets.
Altcoin Buzz · +14 outlets
Prediction markets see heavy betting on Anthropic's IPO filing
Traders on Kalshi and Polymarket are wagering on Anthropic's listing venue and valuation after the company filed for a long-awaited IPO.
The Economic Times · +14 outlets
Kalshi partners with S&P Dow Jones Indices on new financial products
The collaboration aims to build an "index of everything" as Kalshi looks to expand beyond sports and elections into broad financial derivatives.
SBC News · +14 outlets
PitchBook estimates Kalshi 2026 adjusted earnings could reach $1.2 billion
The projection underscores how quickly Kalshi's revenue has grown as prediction markets expand and attract institutional interest.
SCCG Management · +3 outlets
Kalshi hits $65 billion in October trading as Polymarket US breaks records
The surge in volume ahead of the midterm elections highlights prediction markets' rapid growth into a major speculative venue.
Coinpaper · +4 outlets
States and NFL say Kalshi and Polymarket constitute gambling
The combined push from states and the league heightens the legal risk for prediction market operators.
Vanguard News · +14 outlets
Ohio bill would ban election betting on Kalshi and Polymarket
The proposal adds to a widening set of state efforts to restrict prediction markets on elections.
GamblingSites.com · +14 outlets
NY Gaming Commission sues Kalshi over requests for company data
The New York regulator's suit adds another state front to Kalshi's regulatory battles.
Times Union · +13 outlets
A Democratic midterm win could put prediction markets and the CFTC in the hot seat
Analysts warn that a political shift could reshape oversight of event contracts and the agency that regulates them.
CNBC · +9 outlets
Kalshi to launch prediction market on Stanford admissions
The offering extends Kalshi's markets into college admissions outcomes, a new frontier beyond sports and elections.
The Stanford Daily
Kalshi signs contract with Obama adviser, Semafor reports
The hire points to Kalshi's efforts to build political and regulatory relationships in Washington.
Semafor · +1 outlets